HAR § 18-235-30-04 — Property factor; numerator

(a) The numerator of the property factor shall include the average value of the real and tangible personal property owned, rented, or leased by the taxpayer and used in this State during the tax period in the regular course of the trade or business of the taxpayer. HRS §235-30 HRS §235-30 HRS §235-30 HRS §235-30